Iceland; Selected Issues

This Selected Issues paper reports on the technical aspects of the model-based inflation forecasts of the Central Bank of Iceland (CBI) and the monetary transmission mechanism in Iceland. The paper summarizes the structure and results of time series models employed by the CBI to forecast inflation a...

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Main Author: International Monetary Fund
Format: Report
Language:unknown
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Online Access:http://www.imf.org/external/pubs/cat/longres.aspx?sk=15916
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spelling ftrepec:oai:RePEc:imf:imfscr:02/129 2024-04-14T08:13:21+00:00 Iceland; Selected Issues International Monetary Fund http://www.imf.org/external/pubs/cat/longres.aspx?sk=15916 unknown http://www.imf.org/external/pubs/cat/longres.aspx?sk=15916 preprint ftrepec 2024-03-19T10:25:42Z This Selected Issues paper reports on the technical aspects of the model-based inflation forecasts of the Central Bank of Iceland (CBI) and the monetary transmission mechanism in Iceland. The paper summarizes the structure and results of time series models employed by the CBI to forecast inflation and quantify lags in the transmission of monetary policy changes. The paper also briefly discusses recent inflation trends, including the IMF staff’s estimate of the exchange rate pass-through. The paper presents some remarks on potential distortions in the financial market pass-through of monetary policy changes. Iceland;inflation, monetary policy, central bank, money market, monetary fund Report Iceland RePEc (Research Papers in Economics)
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collection RePEc (Research Papers in Economics)
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language unknown
description This Selected Issues paper reports on the technical aspects of the model-based inflation forecasts of the Central Bank of Iceland (CBI) and the monetary transmission mechanism in Iceland. The paper summarizes the structure and results of time series models employed by the CBI to forecast inflation and quantify lags in the transmission of monetary policy changes. The paper also briefly discusses recent inflation trends, including the IMF staff’s estimate of the exchange rate pass-through. The paper presents some remarks on potential distortions in the financial market pass-through of monetary policy changes. Iceland;inflation, monetary policy, central bank, money market, monetary fund
format Report
author International Monetary Fund
spellingShingle International Monetary Fund
Iceland; Selected Issues
author_facet International Monetary Fund
author_sort International Monetary Fund
title Iceland; Selected Issues
title_short Iceland; Selected Issues
title_full Iceland; Selected Issues
title_fullStr Iceland; Selected Issues
title_full_unstemmed Iceland; Selected Issues
title_sort iceland; selected issues
url http://www.imf.org/external/pubs/cat/longres.aspx?sk=15916
genre Iceland
genre_facet Iceland
op_relation http://www.imf.org/external/pubs/cat/longres.aspx?sk=15916
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